MONEY MASTER

With new US tariffs looming and fears of a global trade war rising, Goldman Sachs highlights a set of stocks it believes are insulated from macro-driven volatility. These companies could offer relative stability in a turbulent market. The Market Context Ahead of  Trump’s “Liberation Day” tariff announcement , Goldman Sachs expects the  S&P 500 to dip 6% over the next 3 months (~5,300) before recovering to  5,900 within 12 months —still below February's record high of 6,150. Volatility is expected to persist as markets digest the  escalating protectionist agenda  and possible global retaliation. Goldman's “Insensitive Portfolio” Goldman Sachs identified  45 stocks  with  low correlation to trade war, AI disruption, and growth slowdown concerns . These companies tend to hold up better during macro-driven selloffs. Top Mentions: Amdocs (DOX)  – Least sensitive to U.S. growth and trade risks. Bank of New York Mellon (BK)  – Financial exp...

The  S&P 500 Index  officially entered  correction territory  on Thursday, marking a swift 10% decline from its recent high. This decline was driven by escalating global trade tensions, particularly due to President  Donald Trump's aggressive tariff policies. Quick Fall Into Correction The  S&P 500  fell  1.4%  on Thursday, closing at  5,521.52 . This drop pushed the index more than  10%  below its recent peak of  6,144.15 , which was reached on  February 19 . The correction took only  16 trading days , making it the fastest peak-to-correction decline since the onset of the COVID-19 pandemic in March 2020. What History Tells Us Historically, the market tends to experience some turbulence after entering correction territory: In the  first month  after a correction, the S&P 500 typically shows an average  negative return  of  1.7% . However,  stocks tend to recover  ov...

Canada  and the  European Union  have announced  retaliatory tariffs  in response to  Donald Trump’s  latest trade measures, intensifying the  global trade war . Key Developments : Canada’s Response :  Canada  has imposed  25% tariffs  on about  C$30 billion  ($20.8 billion) worth of  U.S.-made goods , including  steel, aluminum , and consumer products like  computers  and  sporting goods . This measure directly counters Trump’s tariffs aimed at revitalizing  America’s steel industry .  Canada  matched the tariffs  “dollar for dollar”  but delayed implementation, offering Trump a window to avoid further economic damage. EU Retaliation : The  European Union  has also retaliated with its own duties on up to  €26 billion  ($28.3 billion) worth of  American goods . While the  U.K.  remains a steadfast ally of the U.S. in trade talks, the ...

Bursa Malaysia closed the week on a  cautious note , continuing its downward trend due to  weaker regional market sentiment . The sell-off was largely driven by growing  fears of a global trade war , which has raised concerns about the potential impact on the global economy and investor appetite for equities. Key Events: Nation Gate Bhd (KL: NATGATE) : The stock  closed at limit-down levels , amid news of an ongoing investigation by Singapore authorities into the company’s server shipments. This investigation raised concerns over its operational transparency. Other Notable Updates: Capital A (KL: CAPITALA) : Gained  approval from Bursa Malaysia  for its  proposed regularisation plan , which is a crucial step towards lifting its  Practice Note 17 (PN17)  status, signaling progress towards financial stability. UEM Edgenta (KL: UEMS) : Secured a  three-year extension  to its  concession agreement  with the government to provi...